Andy Grove

Andy Grove
Andrew Stephen "Andy" Grovewas a Hungarian-born American businessman, engineer, author and a science pioneer in the semiconductor industry. He escaped from Communist-controlled Hungary at the age of 20 and moved to the United States where he finished his education. He was one of the founders and the CEO of Intel Corporation, helping transform the company into the world's largest manufacturer of semiconductors...
NationalityHungarian
ProfessionBusinessman
Date of Birth2 September 1936
decision momentum danger
Most companies don't die because they are wrong; they die because they don't commit themselves. They fritter away their momentum and their valuable resources while attempting to make a decision. The greatest danger is standing still.
waiting decision investment
Investment decisions and personal decisions don't wait for the picture to be clarified.
business focus skins
A corporation is a living organism; it has to continue to shed its skin. Methods have to change. Focus has to change. Values have to change. The sum total of those changes is transformation.
believe successful people
I believe in the value of paranoia. Business success contains the seeds of its own destruction. The more successful you are, the more people want a chunk of your business and then another chunk and then another until there is nothing left.
time office pieces
Just as you would not permit a fellow employee to steal a piece of office equipment, you shouldn't let anyone walk away with the time of his fellow managers.
winning people important
The most important role of managers is to create environment in which people are passionately dedicated to winning in marketplace.
reality leader facts
If the brutal facts are not faced by leaders, the brutal reality sets in.
technology thinking knowing
I think Amazon is the preeminent pioneer in building a new way of doing commerce: personalized, database-driven commerce, where the big value is not in the purchase fulfillment, but in knowing as much about a customer base of ten or twenty million people as a corner store used to know about a customer base of a few hundred. In today's mass-merchandising world, that's largely gone; Amazon is trying to use computer technology to re-establish it.
people acronyms computer
PCMCIA - People can't memorize computer industries acronyms
real thinking two
I think it is very important for you to do two things: act on your temporary conviction as if it was a real conviction; and when you realize that you are wrong, correct course very quickly
eggs goal watches
A question that often comes up at times of strategic transformation is, should you pursue a highly focused approach, betting everything on one strategic goal, or should you hedge? ... Mark Twain hit it on the head when he said, Put all of your eggs in one basket and WATCH THAT BASKET.
effort news should
The worse the news, the more effort should go into communicating it.
communication determined communicate
How well we communicate is determined not by how well we say things but how well we are understood.
technology winning flow
Technology will always win. You can delay technology by legal interference, but technology will flow around legal barriers.